|
DERIVATIVE SECURITIES RESEARCH PAPER
Title: DERIVATIVE SECURITIES RESEARCH PAPER
Category: Business & Economy
Details: Words: 3868 | Pages: 16.5 (approximately 235 words/page)
DERIVATIVE SECURITIES RESEARCH PAPER
Derivative securities are a result of financial innovation and their value is dependent upon the value of an underlying security. They are also called contingent claims since their value is contingent upon the value of another security. The most important use of derivatives is risk-reduction, called hedging. Derivatives "hedging," is based on the idea that the change in the value of a derivatives position can offset the change in the value of the underlying asset .
…showed first 75 words of 3868 total…
You are viewing only a small portion of the paper.
Please login or register to access the full copy.
|
|
…showed last 75 words of 3868 total…The Journal of Finance, Vol. 52, No. 4. (Sep., 1997), pp. 1323-1354.
Stable URL: http://links.jstor.org/sici?sici=0022-1082%28199709%2952%3A4%3C1323%3AWFUCD%3E2.0.CO%3B2-I
On the Determinants of Corporate Hedging (in Shorter Papers)
Deana R. Nance; Clifford W. Smith, Jr.; Charles W. Smithson
The Journal of Finance, Vol. 48, No. 1. (Mar., 1993), pp. 267-284.
Stable URL: http://links.jstor.org/sici?sici=0022-1082%28199303%2948%3A1%3C267%3AOTDOCH%3E2.0.CO%3B2-0
Mark Brinblatt, Financial Markets and Corporate Strategy (New York; McGraw Hill, 2002)
Need a custom written paper?
|
|
